Western company Horizon Software yesterday became the first vendor to offer an options trading system in China's mainland
Read moreDukascopy Community Co aims to provide more convenience and excellent customer service to Chinese clients as the drive toward the APAC region grows among FX giants.
Read moreDukascopy Bank set to offer USD/CNH trading in a live environment in due course following today's addition of the offshore Yuan in demo mode.
Read moreThe rise of the renminbi's prominence to the global economy, along with China's huge status as creditor nation, has made SAFE an increasingly important player in international forex and financial markets...
Read moreChina's central bank said on Wednesday that the Chinese currency will be traded directly against the British pound in the interbank foreign exchange market, in the latest step to facilitate investment and bilateral trade between China and Britain. This update comes as finally China Construction Bank was named the clearing bank in London for the…
Read moreLondon's financial markets economy has long courted the giants of Asia. FX settlement in Chinese currency aims to boost this further.
Read moreHong Kong's national financial markets regulator held a dialog with Australian officials as the Antipodean nation focuses on trade with mainland China.
Read moreChina's central bank continues to attempt to legislate against the use of virtual currency. With SAFE having granted BGC Partners a license to provide FX Options in China, could the mainland's government begin to view FX as a lesser threat to its strict control over domestic markets?
Read moreChina is a highly coveted region by most Western FX firms, but near impossible to penetrate. Today, BGC Partners gains a license from state-owned regulatory body SAFE to operate interbank FX on the mainland.
Read moreLast year the BIS listed Singapore as the largest FX center in Asia and the third biggest in the world; now it has overtaken London in offshore RMB clearing, which until now was number one... Back in March we reported that the top offshore RMB hub remained London (excluding Hong Kong and Mainland China) but…
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